Cain supported TARP

Reader comment on: Republican Presidential Debate

Submitted by GMartine (United States), Jun 13, 2011 23:01

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The Future of Capitalism replies:

During the debate, Cain was asked about an earlier quote of his supporting Tarp and said at the time he thought they had to do something but he opposes what they actually did, which was using it to bail out favorites and the automakers. Remember the initial plan was to do a reverse auction of "toxic" paper from the banks; that got changed to capital injections. Cain gave what I thought was a pretty anti-tarp answer in the debate. Thanks for the feedback.

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Other reader comments on this item

Title By Date
TARP worked [136 words]Terrye CJun 14, 2011 06:50
TARP worked [33 words]DoowlebJun 14, 2011 06:44
↔ TARP Didn't work [135 words]Brandon BJun 14, 2011 13:42
Pawlenty Supported Tarp [17 words]AngelaTCJun 13, 2011 23:35
Gingrich Supported Tarp [11 words]AngelaTCJun 13, 2011 23:31
Romney Supported TARP [128 words]AngelaTCJun 13, 2011 23:27
⇒ Cain supported TARP
[w/response] [7 words]		GMartineJun 13, 2011 23:01
↔ My take, too [25 words]submandaveJun 14, 2011 08:54

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